YEARLY HIGH
0.6693 PKR
YEARLY LOW
0.4874 PKR
YEARLY AVERAGE
0.6127 PKR

2023 KZT to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 1, valuing the pair at 0.6693. Conversely, the yearly low was recorded on January 4, dropping to 0.4874.

This high-to-low spread represents a total annual volatility of 0.1818 PKR. From a start-to-finish perspective, comparing the January average rate of 0.5054 to the December average rate of 0.6142, the exchange rate registered a net change of 21.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6693 was up 32.34% compared to the 2022 peak of 0.5057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KZT based on timing:

Yearly Peak High 3,346 PKR
2022 Average 2,217 PKR
Yearly Trough Low 2,437 PKR
Transaction Impact: A difference of 909.15 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6618
0.4912
JanuMarcMayJulySeptNove

KZT to PKR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6037, compared to 0.6217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.6037
H2 Avg (Jul–Dec) 0.6217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0944 PKR (High: 0.5819 / Low: 0.4874). On the other end, December was the most stable month, with a tight range of 0.0128 PKR (High: 0.6209 / Low: 0.6081).

January Spread (Volatile) ±0.0944
December Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0492 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.6357) against the same month in 2022 (average: 0.4850), the exchange rate shifted by +0.1506 (+31.06%).

2023 Avg (September) 0.6357
2022 Avg (September) 0.4850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5819 0.4874 0.5054
February 0.6044 0.5419 0.5880
March 0.6463 0.5944 0.6210
April 0.6451 0.6129 0.6282
May 0.6652 0.6284 0.6405
June 0.6466 0.6304 0.6389
July 0.6453 0.6110 0.6327
August 0.6574 0.6350 0.6475
September 0.6693 0.6003 0.6357
October 0.6037 0.5745 0.5864
November 0.6229 0.5965 0.6134
December 0.6209 0.6081 0.6142